Word: bank
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
With that track record, the Comptroller of the Currency finished his term and agreed to take a high position at an as yet unnamed Midwestern bank. Thereupon, President Johnson last week appointed a successor who everybody hopes will be just as effective but somewhat less abrasive than Saxon...
...chief of Washington's oldest regulatory agency is William B. Camp, a placid Texan who has invested 29 of his 52 years in the 105-year-old Comptroller's office, rising from bank examiner to Saxon's first deputy. In naming Camp, Johnson followed his recent tendency to select noncontroversial careerists to head regulatory agencies. The appointment was hailed unanimously by bankers, Congressmen, officials of other Government agencies and Jimmy Saxon. Reported the American Banker, daily bible of moneymen: "Almost everyone who has been associated with Mr. Camp considers him an affable, easy-to-get-along-with...
...White House wanted a Comptroller who would carry on Saxon's expansionist policies but consolidate more than innovate. Camp promises "no drastic changes" immediately, but expects to push training programs for bank examiners, expand automation in banking, strengthen the supervision of foreign banks, and continue Saxon's chartering and merger designs, though at a reduced clip. Merely to digest what Saxon bit off will keep Camp fully occupied. His office is involved in six antitrust suits concerning bank mergers. The trend in the courts so far has been to support the Comptroller against the Attorney General, ruling...
East-West trade already is clipping along at a $10 billion rate this year. Although more of the goods involved, from Renault and Fiat cars to a U.S. petroleum-cracking plant, are Eastbound, the Communists still stand to make money out of the deals. No Western bank is allowed a branch in Moscow, but the Russians already have banks in London, Paris and Beirut that earn attractive commissions by cutting red tape, handling paper work and removing the risk for Western exporters by discounting their bills in advance. Now, with trade on the increase, they have opened a new bank...
Sunrise Serenade. The Zurich bank, which occupies sleek second-floor offices on the Schützengasse, is a Swiss-chartered joint stock company with initial assets of $2.3 million. It has been christened Wozchod Handelsbank, or Sunrise Commercial Bank; Chairman Albert Nikolaevich Belishchenko, 36, a career banker who was formerly vice-director of Moscow's Gosbank, says the name refers to the spaceships that the Russians launched in 1964 and 1965. Belishchenko takes pains to allay Swiss fears that Moscow will use the bank to dump gold and otherwise disrupt the tiny nation's financial ties to other...